2023-09-26T14:17:56-05:00 2022-12-31 460475780 GROSSMAN ST AMOUR CPAS PLLC 110 WEST FAYETTE STREET SUITE 900 SYRACUSE NY 13202 990 2022-01-01 223028987 512 LEMOYNE AVE HOUSING DEV FUND COINC 512L 3154241821 990 JAMES STREET SYRACUSE NY 13203 JUSTIN RUDGICK PRESIDENT 3154241821 2023-09-26 1 JUSTIN RUDGICK 999009999 0 LINDA GABOR CPA P00964862 3154241120 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JUSTIN RUDGICK 990 JAMES STREET SYRACUSE NY 13203 310299 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1989 NY LOW INCOME HOUSING PROJECT 3 3 0 0 0 0 321500 0 245655 238798 84 26 2011 71475 569250 310299 0 0 0 0 46150 39549 0 0 0 323536 383088 369686 422637 199564 -112338 2572839 2374930 5905417 5819846 -3332578 -3444916 THE CORPORATION WAS ORGANIZED SOLEY AND SPECIFICALLY TO DEVELOP, OWN AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 45-A OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 0 0 379952 310273 OPERATION OF A 38 UNIT LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 45-A OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 379952 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER COMMUNITY INC 3154241821 990 JAMES STREET SYRACUSE NY 13203 X AUDREY FARWAGI SECRETARY 1.00 X X 0 0 0 JUSTIN RUDGICK PRESIDENT 1.00 X X 0 0 0 KYLE LYSKAWA TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENT, NET OF VACANCY L 531110 238798 238798 238798 26 26 INSURANCE RECOVERIES 900099 70670 70670 LAUNDRY/VENDING REVENU 812300 485 485 TENANT CHARGES 811000 165 165 155 155 71475 310299 310273 0 26 36262 36262 38 38 3249 3249 14070 14070 7500 7500 166 166 20949 20949 70015 70015 190220 190220 22384 22384 REPAIRS & MAINTENANCE 42522 42522 BAD DEBT EXPENSE 15262 15262 422637 379952 42685 0 8938 2854 87655 0 2524 1926 8590 4330 6153501 3997849 2253860 2155652 211272 210168 2572839 2374930 118112 31487 5772888 5772888 14417 15471 5905417 5819846 X -3332578 -3444916 -3332578 -3444916 2572839 2374930 -112338 0 X 0 1 X 0 0 X 321500 321500 243767 261918 249436 245655 309468 1310244 243767 261918 249436 567155 309468 1631744 0 0 0 1631744 155 222 77 84 26 564 155 222 77 84 26 564 1509 1906 22674 2011 805 28905 245431 264046 272187 569250 310299 1661213 0.98230 0.97610 0.00030 0.00040 X 31392 31392 6097734 3983294 2114440 24375 14555 9820 2155652 TENANT SECURITY DEPOSITS 13315 RESERVE FOR REPLACEMENTS 105216 OPERATING RESERVE 89928 ESCROW FUNDS 1709 210168 TENANT SECURITY DEPOSITS 13315 DUE TO RELATED PARTIES 2156 15471 X 310299 0 310299 0 310299 422637 0 422637 0 422637 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION COMPLIES WITH FASB ASC 740, INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE LIKELY THAN NOT THRESHOLD INCLUDING THE ENTITY'S CONTINUED EXEMPTION FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION BELIEVES ITS FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO THE CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE CFO FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY THE BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES, THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.